Publication detail

Covid-19 shock: Development of strategic management framework for global energy

Chofreh, A.G., Goni, F.A., Klemeš, J.J., Seyed Moosavi, S.M., Davoudi, M., Zeinalnezhad, M.

Original Title

Covid-19 shock: Development of strategic management framework for global energy

Type

journal article in Web of Science

Language

English

Original Abstract

Energy resources are vital for the economic development of any nation, and they are currently recognised as an essential commodity for human beings. Many countries are facing various levels up to severe energy crisis due to limited natural resources, coupled with the Covid-19 pandemic. This crisis can lead to the shutdown or restriction of many industrial units, limited energy access, exacerbating unemployment, simultaneous impacts on people's lives. The main reason for these problems is the increasing gap between energy supply and demand, logistics, financial issues, as well as ineffective strategic planning issues. Different countries have different visions, missions, and strategies for energy management. Integrated strategic management is requisite for managing global energy. This study aims to develop a strategic management framework that can be used as a methodology for policymakers to analyse, plan, implement, and evaluate the energy strategy globally. A conceptual research method that relies on examining the related literature is applied to develop the framework. The present study yielded two main observations: 1) The identification of key concepts to consider in designing the strategic management framework for global energy, and 2) A strategic management framework that integrates the scope, process, important components, and steps to manage global energy strategies. This framework would contribute to providing a standard procedure to manage energy strategies for policymakers at the global, regional, national, state, city, district, and sector levels.

Keywords

Conceptual methods; COVID-19; Energy crisis; Energy management; Energy management framework; Global energy; Strategic management

Authors

Chofreh, A.G., Goni, F.A., Klemeš, J.J., Seyed Moosavi, S.M., Davoudi, M., Zeinalnezhad, M.

Released

1. 4. 2021

Publisher

Elsevier Ltd

ISBN

1364-0321

Periodical

RENEWABLE & SUSTAINABLE ENERGY REVIEWS

Number

1

State

United States of America

Pages from

110643

Pages to

110643

Pages count

17

URL

https://www.sciencedirect.com/science/article/pii/S1364032120309278?via%3Dihub

BibTex

@article{BUT168347,
  author="Abdoulmohammad {Gholamzadeh Chofreh} and Jiří {Klemeš} and Feybi Ariani {Goni}",
  title="Covid-19 shock: Development of strategic management framework for global energy",
  journal="RENEWABLE & SUSTAINABLE ENERGY REVIEWS",
  year="2021",
  number="1",
  pages="110643--110643",
  doi="10.1016/j.rser.2020.110643",
  issn="1364-0321",
  url="https://www.sciencedirect.com/science/article/pii/S1364032120309278?via%3Dihub"
}